Supplies mechanical splicing solutions, principally rebar couplers, to India's real estate and infrastructure sectors. The product range also includes the Vruddhi Sonic Tube (VST), Vruddhi Conical Wall Tie (VCT), Terminator Coupler, and a Proofloading Machine. It has set up a Sonic Tube manufacturing plant in Pipalana, Gujarat, and supplies into metro projects, with RVNL Nagpur Metro named as a customer. FY26 revenue from operations was ₹4,300.37 lakhs, up from ₹3,180.23 lakhs in FY25, with profit after tax of ₹307.77 lakhs versus ₹149.15 lakhs. The company does not pay a dividend, citing the need to conserve cash for expansion. Its cost base is dominated by employees (8.4% of revenue) and other operating expenses (11.8% of revenue), with materials not separately disclosed in the cost-shape data provided. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Mechanical splicing solutions (rebar couplers and allied products). Small, family-run industrial manufacturer of mechanical splicing and rebar-related products, listed on the BSE SME platform.
| ₹ crore · consolidated | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 22 | 32 | 43 |
| EBITDA (ex other income) | — | — | — |
| margin % | — | — | — |
| Owners' profit | — | — | — |
| EPS, as reported (₹) | 3.11 | 5.91 | 12.20 |
| ROE % · ROCE % | — · 36.3 | — · 26.4 | — · 38.4 |
| Debt / equity (x) | — | — | — |
| Cash from operations | 1 | (3) | 3 |
| Capex | — | (2) | (2) |
| ₹ crore | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|
| Revenue | 12 | 14 | 18 | 13 | 30 |
| Profit before tax | 0 | 0 | 2 | 1 | 3 |
| Net profit | — | — | — | — | — |
| EPS (₹) | 0.88 | 1.55 | 4.36 | 4.21 | 7.98 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| ADITYA INFOTECH LIMITED | 45,150 | 93.8 | 24.06 | 77.9 | 19.6 | 24.5 | — | 14.8 |
| SYRMA SGS TECHNOLOGY LTD | 30,717 | 82.8 | 10.02 | 53.5 | 11.3 | 13.4 | — | 11.1 |
| HONEYWELL AUTOMATION IND | 30,536 | 55.7 | 6.84 | — | 11.8 | 15.5 | — | 18.2 |
| KAYNES TECHNOLOGY IND LTD | 23,496 | 67.9 | 4.93 | 33.3 | 7.6 | 9.8 | — | 17.1 |
| JYOTI CNC AUTOMATION LTD | 22,490 | 69.9 | 11.24 | 39.7 | 16.8 | 19.2 | — | 22.2 |
| LMW LIMITED | 19,058 | 109.1 | 6.65 | 61.8 | 4.6 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 8 Sept 2026 · Vruddhi Engineering AGM on Sept 30, FY26 net profit doubles to 307.77 Lakhs | board shareholder meetings | medium | — | — |
| 8 Sept 2026 · Annual Report 2025-26 and AGM Notice filed with BSE | board shareholder meetings | low | — | — |
| 15 Jul 2026 · RTA certifies Regulation 74(5) filing for June 2026 quarter | compliance | minimal | — | — |
| 29 May 2026 · Attached | compliance | minimal | — | — |
| 28 May 2026 · Attached | results | medium | — | — |
| 28 May 2026 · Financial Results for March 31, 2026 | results | high | — | — |
| 23 May 2026 · Vruddhi Engineering Works Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/05/2026 ,inter alia, to consider and approve Attached | results | low | — | — |
| 14 Apr 2026 · Filing content unavailable – BSE page not found | general | minimal | — | — |
| 30 Mar 2026 · Closure of Trading Window | compliance | minimal | — | — |
| 13 Mar 2026 · Submission of Scrutinizer''s Report and Voting Result | board shareholder meetings | low | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| 5.9 |
| 13.2 |
| 11.9 |
| TEGA INDUSTRIES LIMITED | 12,982 | 455.9 | 3.81 | 38.8 | 4.2 | 5.4 | — | 4.2 |
| LLOYDS ENGG WORK LIMITED | 12,285 | 48.3 | 7.30 | 50.1 | 11.7 | 11.5 | — | 15.0 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 10.5 | 26.9 | 29 of 138 | 80% |
| ROCE | 34.7 | 11.3 | 4 of 144 | 98% |
| Revenue growth | 137.4 | 20.6 | 9 of 114 | 93% |
| Market cap | 48 | 356 | 111 of 140 | 21% |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
